I read an article by Amanda Visser on Network 24 about the changing environment of the workplace. Now, I’ve previously written about the fourth industrial revolution which forms the backdrop for the enormous and
dramatic changes that is expected to take place in the workplace.
It is estimated that thirty years ago only about 6% of the American labour force was made up of freelance workers, while it is estimated that by the year 2020 about 40% of their labour force will be freelancers.
Freelancers are basically entrepreneurs
who ... continue reading
News 24 recently reported about Standard Bank’s intention to lay off 528 employees. This huge lay off is the result of increased digitization and the use of artificial intelligence in the banking industry.
The trade unions are understandably highly upset, yet their spokesperson said that they realise that some jobs over time will disappear whilst new ones will be created. Unfortunately fewer jobs will be created than the ones being made redundant.
According to Standard Bank the 528 employees are welcome to apply for 349 existing and new ... continue reading
Last week I wrote that entrepreneurs are the forgotten heroes of the economy and the past weekend in a speech Pres Cyril Ramaphosa asked that entrepreneurs should be treated as heroes. Rugby produces sport heroes, but in the professional era it is also big business.
About a month ago I wrote that no team can always win, not even the All Blacks. Unfortunately the one that the WP lost was the final, yet the good work they did beforehand, was instrumental in securing two matches with higher revenues ... continue reading
Many years ago I employed someone in my small company who was formerly a director in a big organisation. A friend then gave a kind warning and said that one should be watchful when employing someone from such a background.
He is used to spending other people’s money, money that he did not work for himself.
People who start their own businesses know what hard work it takes to get enough clients to support your business to make it sustainable. Because you are responsible for debts incurred, you ... continue reading